Sumit Agarwal is Low Tuck Kwong Distinguished Professor of Finance at the Business School and a Professor of Economics and Real Estate at the National University of Singapore. He is the Managing Director of Sustainable and Green Finance Institute at NUS. He is also the President of Asian Bureau of Finance and Economic Research. Sumit’s research interests include issues relating to household sustainablity, financial institutions, household finance, behavioral finance, and real estate markets. 

科研兴趣

· Applied Microeconomics, Household Sustainability, Household Finance, Financial Institutions

· FinTech, Behavioral Economics, Political Economy, Real Estate and Urban Economics

· Environmental Economics, Health Economic, Labor Economics, Education Economics

高等教育

Ph.D., Economics, University of Wisconsin – Milwaukee

M.A., Economics, University of Wisconsin – Milwaukee

B.Sc., Computer Science, University of Wisconsin - Milwaukee

工作经历

National University of Singapore

2018 – Present, Head, Department of Real Estate

2018 – Present, Low Tuck Kwong Distinguished Professorship

2018 – Present, Professor of Finance, School of Business

2018 – Present, Professor of Economics, School of Arts and Social Science

2018 – Present, Professor of Real Estate, School of Business

2018 – 2020, Head, Department of Finance

学术奖励

1. June 2021, Global Social Science Institute Best Paper Award ($10,000)

2. March 2021, Real Estate Research Institute Award ($15,000)

3. July 2018, Asian Real Estate Society, Homer Hoyt Institute Best Paper Award ($1,000)

4. June 2018, Excellence in Refereeing Award 2017 – American Economic Review

5. March 2018, Real Estate Research Institute Award ($15,000)

6. October 2017, Distinguished Alumni Achievement Award, UWM

7. June 2017, Excellence in Refereeing Award 2016 – American Economic Review

8. June 2016, Excellence in Refereeing Award 2015 – American Economic Review

9. May 2016, Society for Financial Studies, Best Paper Award ($10,000)

10. April 2016, University Outstanding Researcher Award, NUS (Singapore $15,000)

11. Dec 2013, Faculty Outstanding Researcher Award, Business School, NUS (Singapore $1,000)

12. September 2012, Red Rock Finance Conference, Best Paper Award

13. June 2012, Excellence in Refereeing Award 2011 – American Economic Review

14. January 2011, Networks Financial Institute Competition, Best Paper Award ($2,500)

15. January 2011, TIAA-CREF Paul A. Samuelson Award ($2,000)

16. January 2009, Terker Family Prizes in Investment Research Award, Wharton School ($5,000)

17. February 2008, Glucksman Institute Research Award, New York University ($2,500)

18. March 1995, J. Walter Elliot Award for Excellence in Macroeconomics - UWM

19. May 1998, Phi Kappa Phi, National Honor Society

20. Summer 1995, University of Geissen, Exchange Program, Germany 

代表性论文

[1] Minimum Wage Increases and Employer Performance: Role of Employer Heterogeneity. (with Ayyagari, M. and R. Kosova), forthcoming Management Science

[2] Inflation Expectations of Households and the Upgrading Channel. (with Chua, Y. and C. Song) forthcoming Journal of Monetary Economics

[3] Roads and Loans. (with Mukherjee, A., and R. Laksmi), forthcoming Review of Financial Studies

[4] Mortgage Debt, Hand-to-Mouth Households, and Monetary Policy Transmission. (with Deng, Y., Q. Gu, H. Jia, W. Qian, and R. Yuan), forthcoming Review of Finance

[5] Salience and Mispricing: Homebuyers’ Housing Decisions. (with Karapetyan, A), forthcoming Management Science

[6] Consumption Response to Temporary Price Shock: Evidence from Singapore's Annual Sale Event. (with K. Kang, W. Qian), forthcoming Journal of Financial Intermediation

[7] Serving the underserved: Microcredit as a pathway to commercial banks. (with Kigabo, T., C. Minoiu, A. Presbitero, and A Silva), forthcoming Review of Economics and Statistics

[8] Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program. (with Amromin, G., S. Chomsisengphet, T. Landvoigt, T. Piskorski, A. Seru, and V. Yao) forthcoming Review of Economic Studies

[9] Plumbing vs Nudging: The Lasting Effect of Efficiency Improvements on Water Conservation. (with Fan, M., E. Araral, Y. Qin, and H. Zhang), Nature Human Behavior, 2022, doi: https://doi.org/10.1038/s41562-022-01320-y. (Nature Research Highlight: How to save water: plumbing can be changed but people can't. Nature 604, 221 (2022) doi: https://doi.org/10.1038/d41586-022-00947-1)

[10] Do Minimum Wage Increases Benefit Low-Income Households? Evidence from the Performance of Residential Leases. (with Ambrose, B. and M. Duep) Journal of Urban Economics, 2022, Vol. 129, Pp. 103421

[11] The Impact of Ride-Hail Surge Factors on Taxi Bookings. (with Cheroenwong, B., S. Cheng, and J. Keppo), Transportation Research Part C, 2022, Vol. 136, Pp. 103508

[12] Blessing in Disguise? Environmental Shocks and Performance Enhancement. (with, Long, W., and Z, Wang), Journal of Economic Behavior and Organization, 2021, Vol. 192, Pp. 357–380

[13] Timing to the Statement: Understanding Fluctuations in Consumer Credit Use. (with Bubna, A., and M. Lipscomb), Management Science, 2021, Vol. 67(8), Pp.5124-5144

[14] Assessment of Online Food Ordering and Delivery Patterns During the COVID-19 Pandemic in Singapore. (with P. Huang, C. Luo, Y. Qin, C. Zhan), JAMA Network Open, 2021, Vol. 4(9), Pp. 26466

[15] Disaggregated Sales and Stock Returns. (with Qian W., and S. Xou), Management Science, 2021, Vol. 67(11), Pp. 7167-7183

[16] Monetary Policy Transmission and Consumption Response: The Deposit Channel. (with Chomsisengphet, S., Y. Yildaram, and J. Zhang), Review of Economics and Statistics, 2021, Vol. 103(5), Pp. 922–938

[17] Mortgage brokers and effectiveness of regulatory oversight. (with Ang, S., Deng, Y. and Y. Wang), Management Science, 2021, Vol. 67(8) Pp. 5278-5300

[18] Tracking the Pulse of a City – 3D Real Estate Price Heat Maps. (with Macmillan, D., T. Sing, and F. Ying), Journal of Regional Science, 2021, Vol. 61(3), Pp. 543-569Sumit Agarwal, May 2022 Page 5

[19] Fortunes of Dragons: Cohort Size Effects on Life Outcomes. (with Qian, W., P. Tan, and T. Sing), Population Studies, 2021, Vol. 75(2), Pp. 191-207

[20] Hedonic Price of Housing Space. (with Chen, Y., and Yi Jin Tan), Real Estate Economics, 2021, Vol. 49(2), Pp. 574-609

[21] Impact of Temperature on Morbidity: New Evidence from China. (with Yu, Q. L. Shi, G. Wei and H Jia), Journal of Environmental Economics and Management, 2021, Vol. 109, Pp. 102495

[22] The Choice Between Arm's-Length and Inside Debt. (with Hauswald, R), Journal of Monetary Economics, 2021, Vol. 117, Pp. 1008-1022

[23] Risk Retention Rules and the Issuance of Commercial Mortgage Backed Securities. (with Ambrose B. W., Y. Yildirim, J. Zhang), Journal of Real Estate Finance and Economics, 2021

[24] Thy Neighbor’s Misfortune: Peer Effect on Consumption. (with Qian W., and S. Xou), American Economic Journal – Economic Policy, 2021, Vol. 13(2), Pp. 1-25 (Lead Article)

[25] Government Employment Guarantee, Labor Supply, and Firms' Reaction: Evidence from the Largest Public Workfare Program in the World. (with Alok, S., Y. Chopra and P. Tantri), Journal of Financial and Quantitative Analysis, 2021, Vol. 56(2), Pp. 409-442